EGM Details

The 1st Extraordinary General Meeting of Pajson Agro India Limited is scheduled to be held on Thursday, July 16, 2026 at 04:00 P.M. (IST) through Video Conferencing/Other Audio-Visual Means. The cut-off date for determining members eligible for e-voting is July 9, 2026. Remote e-voting will be available from July 13, 2026 (9:00 AM IST) to July 15, 2026 (5:00 PM IST).

Resolution 1: Appointment of Statutory Auditor

  • M/s. P.K. Maheshwari & Co. (Firm Registration No. 000977N) resigned as Statutory Auditors citing that the signing partner is surrendering the Certificate of Practice from ICAI
  • Casual vacancy created in the office of Statutory Auditor
  • Board of Directors, based on Audit Committee recommendation, appointed M/s. S.S. Kothari Mehta & Co. LLP (Firm Registration No. 000756N/N500441) as Statutory Auditors on June 20, 2026
  • Seeking shareholder approval for appointment from conclusion of EGM until conclusion of ensuing Annual General Meeting
  • Remuneration and out-of-pocket expenses to be fixed by management in consultation with auditors

Resolution 2: Approval of Material Related Party Transactions

  • Seeking approval for transactions with Pajson Global DMCC, a related party under significant influence of director or their relatives
  • Nature of transactions: Purchase of Raw Material (₹4,000.00 lakhs) and Advance Payment for Purchase of Raw Material (₹2,500.00 lakhs)
  • Total value: ₹6,500.00 lakhs (₹65 crore)
  • Tenure: Up to March 31, 2027
  • Value represents 25.39% of company's annual consolidated turnover for immediately preceding financial year
  • Transactions to be on arm's length basis and in ordinary course of business
  • Mr. Pulkit Jain is interested in this resolution

Resolution 3: Revision in Means of Finance for IPO Project

  • Company raised funds through IPO with Prospectus dated December 16, 2025
  • Original funding plan included internal sources of ₹1,788.19 lakhs for project objects
  • Board identified availability of Capital Subsidy Scheme from Government of Andhra Pradesh requiring institutional borrowings for eligibility
  • Proposing to replace internal sources of ₹1,788.19 lakhs with Term Loan facilities of ₹20 crore from bank
  • No change in object of issue or utilization of IPO proceeds
  • Expected to provide financial benefit through subsidy and maintain operational liquidity

Voting and Meeting Arrangements

  • E-voting facility provided through NSDL
  • Scrutinizer: Mr. Ankur Goyal, Advocate (Bar Council Reg No D/4318/2020)
  • Meeting conducted through VC/OAVM without physical attendance
  • Members can register as speakers by emailing cs@pajsonagro.com at least 7 days before EGM
  • Results to be announced post-EGM and displayed on company website and NSDL website